Cost of living in Cape Coral, FL
The Cape Coral-Fort Myers, FL metro area (860,959 people) ranks #41 of 149 for prices among the U.S. metro areas we cover. Here's what it costs to live there.
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Price level, from cheaper to pricier.
- The Villages, FL 85.4
- McAllen, TX 85.9
- Springfield, MO 88.6
- Wichita, KS 88.9
- Jackson, MS 89.0
- Tulsa, OK 89.2
- Columbus, GA 89.3
- Little Rock, AR 89.4
- El Paso, TX 89.9
- Oklahoma City, OK 90.4
- Sioux Falls, SD 90.6
- Baton Rouge, LA 90.8
- Clarksville, TN 90.9
- Fargo, ND 90.9
- Killeen, TX 91.1
- Spartanburg, SC 91.1
- Fayetteville, AR 91.4
- Chattanooga, TN 91.5
- Toledo, OH 91.5
- Birmingham, AL 91.6
- Des Moines, IA 91.7
- Augusta, GA 91.9
- Omaha, NE 91.9
- Fayetteville, NC 92.0
- Winston-Salem, NC 92.0
- Jacksonville, NC 92.1
- Memphis, TN 92.2
- Kansas City, MO 92.5
- Fort Wayne, IN 92.6
- Knoxville, TN 92.6
- New Orleans, LA 92.6
- Dayton, OH 92.7
- Greensboro, NC 92.9
- Lexington, KY 92.9
- Huntsville, AL 93.1
- Louisville, KY 93.1
- Greenville, SC 93.3
- Akron, OH 93.4
- Billings, MT 93.5
- Myrtle Beach, SC 93.6
- Columbia, SC 93.7
- Cleveland, OH 93.9
- Daphne, AL 94.7
- Pittsburgh, PA 94.7
- San Antonio, TX 94.7
- St. Louis, MO 95.1
- Ocala, FL 95.2
- Savannah, GA 95.2
- Cincinnati, OH 95.4
- Albuquerque, NM 95.5
- Columbus, OH 95.5
- Grand Rapids, MI 95.5
- Indianapolis, IN 95.7
- Syracuse, NY 95.7
- Buffalo, NY 95.8
- Nashville, TN 96.3
- Wilmington, NC 96.4
- Asheville, NC 96.5
- Cheyenne, WY 96.5
- Gainesville, FL 96.7
- Milwaukee, WI 96.9
- Tucson, AZ 96.9
- Crestview, FL 97.0
- Rochester, NY 97.0
- Lakeland, FL 97.1
- Charlotte, NC 97.3
- Madison, WI 97.3
- Panama City, FL 97.3
- Durham, NC 97.6
- Pensacola, FL 97.7
- Richmond, VA 97.9
- Virginia Beach, VA 97.9
- Hilton Head Island, SC 98.0
- Austin, TX 98.1
- Provo, UT 98.2
- Raleigh, NC 98.2
- Prescott, AZ 98.3
- Boise, ID 98.4
- Houston, TX 98.6
- Harrisburg, PA 98.7
- Daytona Beach, FL 99.4
- Jacksonville, FL 99.5
- Albany, NY 99.6
- Allentown, PA 100.0
- Palm Bay, FL 100.0
- Atlanta, GA 100.1
- Greeley, CO 100.2
- Las Vegas, NV 100.2
- Port St. Lucie, FL 100.2
- Detroit, MI 100.3
- Ogden, UT 100.3
- Spokane, WA 100.3
- Norwich, CT 100.4
- Punta Gorda, FL 100.5
- Colorado Springs, CO 100.7
- Ann Arbor, MI 100.9
- Bakersfield, CA 100.9
- Burlington, VT 100.9
- Salt Lake City, UT 100.9
- Tampa, FL 100.9
- Charleston, SC 101.0
- Reno, NV 101.0
- Fort Collins, CO 101.1
- Orlando, FL 101.4
- Eugene, OR 101.6
- Providence, RI 101.8
- Portland, ME 101.9
- Fresno, CA 102.2
- Cape Coral, FL 102.3
- Sarasota, FL 102.4
- Worcester, MA 102.5
- Philadelphia, PA 102.6
- Hartford, CT 102.7
- Dallas, TX 103.1
- Naples, FL 103.2
- Trenton, NJ 103.2
- Phoenix, AZ 103.3
- Bend, OR 103.6
- Chicago, IL 103.6
- Olympia, WA 103.7
- Baltimore, MD 104.5
- New Haven, CT 104.6
- Minneapolis, MN 104.8
- Stockton, CA 105.1
- Boulder, CO 105.2
- Anchorage, AK 105.4
- Portland, OR 105.4
- Bremerton, WA 105.6
- Manchester, NH 105.7
- Denver, CO 105.8
- Riverside, CA 106.4
- Sacramento, CA 106.7
- Bridgeport, CT 106.9
- Santa Rosa, CA 107.8
- Boston, MA 108.3
- Vallejo, CA 108.5
- Santa Barbara, CA 108.8
- Washington, D.C. 108.9
- Salinas, CA 109.0
- Poughkeepsie, NY 109.4
- San Jose, CA 110.4
- Oxnard, CA 110.5
- Honolulu, HI 111.0
- Seattle, WA 111.1
- San Diego, CA 111.9
- New York, NY 112.6
- Los Angeles, CA 113.6
- Miami, FL 114.2
- San Francisco, CA 115.6
Compare Cape Coral with your city
See what you'd need to earn in Cape Coral to keep your lifestyle, after taxes and local prices. The calculator starts from Miami, FL, which sends the most households here of the metros we cover (IRS, 2022–2023), at about its median household income. Pick your own city and salary.
Equal salary in Cape Coral: $70,400
Compare any two of 149 U.S. metro areas. All cities
To keep the same lifestyle, you need about $70,400 in Cape Coral, FL to match $80,000 in Miami, FL ($9,600 less), after 2026 taxes and local prices.
Single filer, W-2 salary. Both are in Florida, which has no state income tax on wages; neither city levies a resident income tax.
What things cost in Cape Coral
The vertical line marks the U.S. average (100). BEA Regional Price Parities 2024 for the metropolitan area.
Taxes in Cape Coral
On an $85,000 salary (about the area's median household income), a single filer keeps $68,628 after 2026 federal tax ($9,870), Social Security and Medicare ($6,503). Florida has no state income tax on wages.
Housing
| Measure | Cape Coral area |
|---|---|
| Median rent | $1,871/mo |
| Median home value | $396,500 |
| Median property tax | $3,087/yr |
| Monthly cost to own the median home (20% down) | $2,565 |
| Median household income | $83,602 |
Climate and jobs in Cape Coral
In the Cape Coral area the average January low is 54°F and the average July high 92°F, and the area has about 120 days a year at 90°F or hotter. Unemployment averaged 4.3% in 2025, the same as the U.S. rate (4.3%), and the median wage across all jobs was $46,780 a year, 8% below the U.S. median.
| Climate | 1991–2020 average |
|---|---|
| January low | 54°F |
| July high | 92°F |
| Days 90°F or hotter | 120 a year |
| Precipitation | 57 in a year |
| Snowfall | Not measured |
| Jobs and pay | Metro area | U.S. |
|---|---|---|
| Unemployment rate, 2025 average | 4.3% | 4.3% |
| Median wage, all jobs (May 2025) | $46,780 | $50,980 |
| Wage and salary jobs (May 2025) | 304,790 | 155.5 million |
Climate: NOAA U.S. Climate Normals, 1991–2020 averages at the Fort Myers Page Field Airport station (USW00012835); no nearby station has a snowfall normal. Weather varies across a metro area, especially with elevation and distance from the coast. Jobs: unemployment from BLS Local Area Unemployment Statistics; wages and job counts from BLS Occupational Employment and Wage Statistics, which count wage and salary jobs, not the self-employed; wages are before taxes. The 2025 average covers 11 months: October 2025 data were not collected during the federal government shutdown.
Retiring in Cape Coral
A single retiree spends about $3,199 a month here if they own their home outright, or $4,518 renting, based on typical spending for households 65 and older (BLS 2024) adjusted for local prices. See where your budget goes furthest.
Where people move to and from Cape Coral
- Cape Coral to Naples
- Cape Coral to Miami
- Cape Coral to Tampa
- Cape Coral to Punta Gorda
- Miami to Cape Coral
- Naples to Cape Coral
- New York to Cape Coral
- Chicago to Cape Coral
IRS county-to-county migration data, 2022–2023, aggregated to the 149 metro areas we cover.
Natural hazard risk
FEMA rates the Cape Coral area among the highest for natural hazard risk (score 99 of 100), with expected losses of about $570 per resident per year. Disaster risk by county in Florida.
The vertical line marks the middle of U.S. counties (50).
Frequently asked questions
What salary do you need to live in Cape Coral?
To match the buying power of $75,000 in an average-priced area with no state income tax, you need about $77,000 in Cape Coral. Renting the median home at 30% of income takes $74,840, and buying the median home with 20% down takes about $109,912.
Is Cape Coral expensive?
The Cape Coral metro area's price level is 102.3 (U.S. = 100), #41 of the 149 metro areas we cover, from most to least expensive. Its housing price index is 125.1, 25% above the U.S. average.
Are people moving to Cape Coral?
Counting moves to and from the other 148 metro areas we cover, Cape Coral had a net gain of about 2,944 households in 2022–2023 (IRS county migration data).
What is the weather like in Cape Coral?
In NOAA's 1991–2020 climate normals for the Cape Coral area (Fort Myers Page Field Airport weather station), the average January low is 54°F and the average July high 92°F. The area has about 120 days a year at 90°F or hotter and gets 57 inches of precipitation a year.
What are jobs and pay like in Cape Coral?
The Cape Coral metro area's unemployment rate averaged 4.3% in 2025, the same as the U.S. rate (4.3%). The median wage across all jobs was $46,780 a year in May 2025, 8% below the U.S. median of $50,980 (Bureau of Labor Statistics).
What natural disasters affect Cape Coral?
FEMA's National Risk Index rates the area among the highest overall (score 99). The highest relative risks are hurricane, lightning, coastal flooding.
Compare Cape Coral with other cities
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Cities with similar prices
- Fresno, CA 102.2
- Sarasota, FL 102.4
- Worcester, MA 102.5
- Philadelphia, PA 102.6
- Portland, ME 101.9
- Hartford, CT 102.7
- Moving from Florida